Pelosi warns of double dip recession

From Arthur Delaney at Huff Post:

“If we really don’t address this in a very serious way, we could slip back and have another recession, and if we do it’s harder to come back.” Pelosi didn’t offer specifics on what might happen with the jobs bill or its component parts next week but said some within the caucus think extended unemployment benefits ought to be paid for. “One of the debates that goes on now — which I completely resist, but it’s one of the debates going on — is at the end of the day, these people have to have their benefits, and should we begin paying for unemployment benefits?”


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in New York City, and is the cofounder of TimeToResign.com. Bio, .

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